1
, CONTENTS
UNIT -1- Entrepreneurship
CHAPTER -1- ENTREPRENEURSHIP
UNIT-2 –Small Scale Industries
CHAPTER- 2-SMALL SCALE INDUSTRIES
UNIT-3 – Formation of Small Scale Industry
CHAPTER -3- FORMATION OF SMALL SCALE INDUSTRY
UNIT-4- Preparing The Business Plan(BP)
CHAPTER – 4-PREPARING THE BUSINESS PLAN(BP)
UNIT-5 – Project Assistance
CHAPTER -5-PROJECT ASSISTANCE
2
, CHAPTER - 1 – ENTREPRENEURSHIP
PART A-2 MARKS
1. Define ―entrepreneurship‖.
The capacity and willingness to develop, organize and manage a business venture along with any of its
risks in order to make a profit is called entrepreneurship.
2. Define the term ―entrepreneur‖
A person who organizes and manages any enterprise especially a business, usually with considerable
initiative and risk is called entrepreneur.
3. Who is an intrapreneur?
Intrapreneur is a person who focuses on innovation and creativity and who transforms a dream or an idea
into a profitable venture, by operating within the organisational environment
4. What is innovation?
The process of translating an idea or invention into a good or service that creates value or for which
customers will pay is called innovation
5. Mention any three barriers to entrepreneurship
1. Lack of viable concept
2. Lack of market knowledge
3. Lack of technical skills
6. State any four functions of Entrepreneur
1) Risk-bearing function
2)Decision making function
3) Innovative function
4) Managerial function
3
, 7. Mention any two factors influencing Entrepreneurship
1. Creativity 2) Leadership
8. Mention the psychological factors of entrepreneurship
1. Confidence 2. Positive attitude 3. Leadership qualities 4. Culture values
9. State any two pros of being an entrepreneur
1. Bear risks 2. Pressure to be competitive
10. Who is innovating entrepreneur?
Innovating entrepreneur is a person who habitually creates and innovates to build something of
recognized value around perceived opportunities
11. Who is an agriculture entrepreneur?
Agricultural entrepreneurs refer to those entrepreneurs who invest in agriculture sectors and help to
provide education and employment opportunities to people especially those located in struggling regions
12. What do you mean by women entrepreneur?
Women entrepreneur are the women or group of women who initiate organize and operate a business
enterprise. The GOI has defined women entrepreneur as ―an enterprise owned and controlled by a women
having a minimum financial interest of 51% of capital and giving atleast 51% of the employment
generated in the enterprise to women
13. Write any two successful women entrepreneurs
Kiran Majumdar and Sudha Murthy
4
, CONTENTS
UNIT -1- Entrepreneurship
CHAPTER -1- ENTREPRENEURSHIP
UNIT-2 –Small Scale Industries
CHAPTER- 2-SMALL SCALE INDUSTRIES
UNIT-3 – Formation of Small Scale Industry
CHAPTER -3- FORMATION OF SMALL SCALE INDUSTRY
UNIT-4- Preparing The Business Plan(BP)
CHAPTER – 4-PREPARING THE BUSINESS PLAN(BP)
UNIT-5 – Project Assistance
CHAPTER -5-PROJECT ASSISTANCE
2
, CHAPTER - 1 – ENTREPRENEURSHIP
PART A-2 MARKS
1. Define ―entrepreneurship‖.
The capacity and willingness to develop, organize and manage a business venture along with any of its
risks in order to make a profit is called entrepreneurship.
2. Define the term ―entrepreneur‖
A person who organizes and manages any enterprise especially a business, usually with considerable
initiative and risk is called entrepreneur.
3. Who is an intrapreneur?
Intrapreneur is a person who focuses on innovation and creativity and who transforms a dream or an idea
into a profitable venture, by operating within the organisational environment
4. What is innovation?
The process of translating an idea or invention into a good or service that creates value or for which
customers will pay is called innovation
5. Mention any three barriers to entrepreneurship
1. Lack of viable concept
2. Lack of market knowledge
3. Lack of technical skills
6. State any four functions of Entrepreneur
1) Risk-bearing function
2)Decision making function
3) Innovative function
4) Managerial function
3
, 7. Mention any two factors influencing Entrepreneurship
1. Creativity 2) Leadership
8. Mention the psychological factors of entrepreneurship
1. Confidence 2. Positive attitude 3. Leadership qualities 4. Culture values
9. State any two pros of being an entrepreneur
1. Bear risks 2. Pressure to be competitive
10. Who is innovating entrepreneur?
Innovating entrepreneur is a person who habitually creates and innovates to build something of
recognized value around perceived opportunities
11. Who is an agriculture entrepreneur?
Agricultural entrepreneurs refer to those entrepreneurs who invest in agriculture sectors and help to
provide education and employment opportunities to people especially those located in struggling regions
12. What do you mean by women entrepreneur?
Women entrepreneur are the women or group of women who initiate organize and operate a business
enterprise. The GOI has defined women entrepreneur as ―an enterprise owned and controlled by a women
having a minimum financial interest of 51% of capital and giving atleast 51% of the employment
generated in the enterprise to women
13. Write any two successful women entrepreneurs
Kiran Majumdar and Sudha Murthy
4
